New Jersey Scholars Program Inc

Nonprofit profile at a glance

EIN
223407230
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Lawrenceville, NJ, USA
Phone
6096206106
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$156,028
Expenses
$148,061
Assets
$423,777
Liabilities
$35,474

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

People named in this filing

  • REBECCA MARKS (DIRECTOR)
  • ADAM OFFENHARTZ (PRES TO 5/13/25 VP 5/14-8/31)
  • HEIDI DREYFUSS (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide new jerseys rising high school seniors of extraordinary demonstrated academic potential with a free, ungraded, diverse, inclusive, and residential interdisciplinary learning environment that sharpens critical thinking, writing, and research skills, stimulates a desire for life-long learning, and fosters lasting interpersonal connections.

What it reported doing in 2024

Summer academic program honoring 39 outstanding high school juniors

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 5.1%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 2.86; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 22.6%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 20.8% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: -0.6% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $173K in reported program spending
  • Leadership: top reported pay $0 · 25 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.